According to the monitoring of the commodity market analysis system of SunSirs, the prices of white cardboard and gray background white board fluctuated and decreased in June. On June 28th, the average market price of 230g-400g white cardboard in China was 4,673.33 RMB/ton, a decrease of 4.88% compared to the average market price of 4,913.33 RMB/ton on June 1st. On June 28th, the average market price of 250g white board in China was 4,199 RMB/ton, a decrease of 1.56% compared to the average market price of 4,265.67 RMB/ton on June 1st.

By observing market changes, it can be seen that in mid to early May, the domestic white cardboard prices remained sluggish and weakened. The market still shows a state of light demand, oversupply, pressure on enterprise production and sales, and flexible prices in the white cardboard market. The unstable prices of raw materials, weakened cost support, and increased downstream pressure on prices. Downstream procurement progress is slow; The high inventory of traders is a factor in the continuous decline of prices.

In late May, the white cardboard market price remained stable and slightly decreased, continuing to hover at a low level. There are relatively few new orders in the downstream market, and they are basically in a state of just in need of purchase. As new brands of white cardboard enter the market, the intensity of market competition may intensify, which is also the result of the mismatch between supply and demand caused by rapid supply growth and significant demand contraction in the market. This may still leave room for downward trend in white cardboard prices.

By observing market changes, it can be seen that some mainstream paper mills continued to offer preferential policies for white board in May, but market transactions were still dominated by single negotiations and multiple negotiations. Downstream customers and end users responded relatively calmly, still focusing on replenishing inventory as needed. The downstream of the industry is mostly bearish towards the later stage market, and the intention of paper mills to stabilize prices is relatively strong.

Subsequently, the price of white board stabilized, while mainstream paper mills mainly focused on digesting inventory, while traders mostly relied on stable shipments, with relatively few price changes. The current fluctuation in raw material costs is limited, and some paper companies are temporarily relying on stable trading to wait and see. In addition, the significant contraction in demand has become the main reason for the lack of support for paper prices, leading to a weakening of white board volatility.

SunSirs paper analysts believe that the current white cardboard and whiteboard market has high inventory among traders, insufficient market confidence, and the entire industry chain is in a state of poor performance. The production and sales pressure of white cardboard and white board is difficult to ease in the short term, or it may form a bottom pressure on paper prices, and it is expected that the prices of white cardboard and white board will continue to be low in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.